Sunday, September 6, 2026

Oil Rig Count Reaches Five-Year Low

Total rig count continues decline for fifth consecutive week The current price environment has continued to put downward pressure on the number of active rigs operating in the United States. For the fifth consecutive week, Baker Hughes (ticker: BHI) reported the number of rigs in the U.S. declined, ending at 838, down from 842 a week ago. The number of

Rig Counts Fall Again, Texas Loses 11

The number of running rigs in the United States fell for the second straight week in the latest analysis from Baker Hughes (ticker: BHI). A total of 13 rigs left the fleet for the week ended September 4, 2015, and now stands at 864. All of the subtracted rigs were focused on oil plays, and 11 were in Texas. The

Rig Count Falls by 8 Over the Course of the Week

Rig counts remain low along with prices The total rig count in the United States for the week ended August 28, 2015, fell eight rigs to 877, according to information from Baker Hughes (ticker: BHI). Rig counts have remained in the same 50-rig range since the week ended May 1, 2015, after falling precipitously along with oil prices since the

Rig Count Remains Stable, Raymond James Anticipates Stronger Growth

Baker Hughes rig count for the week ended August 21, 2015 Baker Hughes (ticker: BHI) reported an increase of just one rig to the total number of rigs drilling for oil and natural gas in the United States for the week ended August 21, 2015. The number of active rigs in the U.S. has remained relatively stable over the last

Rig Counts: Canada Skyrockets, United States Adds One

North Dakota at Lowest Rig Count Since January 2010 The number of total rigs drilling in the United States rose for the third straight week, according to the most recent rig count from Baker Hughes (ticker: BHI). Total rigs drilling in the U.S. reached 863 for the week ended July 10, 2015, up just one from last week. The slow

Oil & Gas 360 Earnings Season

Oil Rig Counts Climb for first time in 29 Weeks

Baker Hughes (ticker: BHI) released its weekly rig count tally on Thursday, July 2 – one day earlier than normal in consideration of the July 4th Independence Day holiday. The United States added three rigs to its fleet in the latest report and now has 862 total. A total of 12 oil-focused rigs joined the fleet, breaking a 29-week decline

Horizontal drilling operations Encana - Oil & Gas 360

Rig Count Sees Smallest Fall this Year

Baker Hughes rig count for the week ended June 19, 2015 The number of rigs drilling for oil and gas in the United States fell to 857 in the week ended June 19, 2015, a decline of just 2 rigs from last week. The 2 rig decline represents just a 0.3% decline in overall U.S. rig counts, and is the

Rig Counts Down 37 in the Last Month

Baker Hughes rig count for the week ended June 5, 2015 Rig counts fell to 868 in the first week of June, down 37 from the first of May when the total number of rigs in the U.S. numbered 905, according to the most recent rig count from Baker Hughes. The active rig count fell by about 1% again this

Rig Counts Down 2% Since the Beginning of the Month

Baker Hughes Rig Count for the week ended May 15, 2015 Rig counts fell for another consecutive week to 888 active rigs in the United States, representing a 1% decline from last week’s rig count of 894, according to the weekly Baker Hughes (ticker: BHI) rig count. This marks the second week of 1% declines in the overall rig count

global petroleum consultancy Netherland, Sewell & Associates (NSAI) hosts a series of oil and gas property evaluation seminars. Oil & Gas 360

Rig Counts Fall by Just 1%

Baker Hughes rig count for the week ended May 8, 2015 Total rig counts in the United States fell by just 11 rigs this week, or by just 1%, in one of the smallest week-to-week declines since the price of oil tumbled last November, sending rig counts plummeting. The Baker Hughes (ticker: BHI) rig count for the week ended May

Rig Counts Nearly Touch 900

Baker Hughes rig count for the week ended May 1, 2015 The Baker Hughes (ticker: BHI) rig count for the week ended May 1, 2015, shows another decline in the number of rigs actively drilling for oil and gas in the U.S. The total number of active rigs fell 3% from last week to 905 rigs from 932 in the

Oil & Gas 360 - Haynes & Boone Borrowing Base Redeterminations Survey

Rig Counts are Down This Week as Production Slows

Prices this week hit new highs for the year on news of slowing production in the U.S. The Baker Hughes (ticker: BHI) rig count for the week ended April 17, 2015 showed yet another drop in the number of rigs actively drilling for oil and gas in the United States. The total rig count fell to 954, down about 3% from